Sprott Gold Miners ETF
SGDM
37 hedge funds and large institutions have $46.4M invested in Sprott Gold Miners ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 10 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.89% less ownership
Funds ownership: 25.67% → 20.78% (-4.9%)
8% less funds holding
Funds holding: 40 → 37 (-3)
25% less capital invested
Capital invested by funds: $61.7M → $46.4M (-$15.4M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$664K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$577K |
| 3 |
Jane Street
New York
|
+$397K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$351K |
| 5 |
LPL Financial
San Diego,
California
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SR
Sloane Robinson
London,
United Kingdom
|
-$7.99M |
| 2 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$1.61M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$849K |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$816K |
| 5 |
Morgan Stanley
New York
|
-$786K |
SGDM Hedge Fund Activity: Q3 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sprott Gold Miners ETF (SGDM) for Q3 2016, worth a combined $46.4M — down 25% from $61.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SGDM and 7 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was CIBC World Market, opening a new position worth an estimated $664K. The largest seller was Sloane Robinson, cutting an estimated $7.99M.
- 37 institutional investors held Sprott Gold Miners ETF (SGDM) as of Q3 2016, down from 40 in Q2 2016.
- Funds reported $46.4M of Sprott Gold Miners ETF stock for Q3 2016, down 25% quarter-over-quarter.
- 7 funds opened new Sprott Gold Miners ETF positions in Q3 2016 and 10 closed out, a net change of -3 holders.
- The largest Sprott Gold Miners ETF buyer in Q3 2016 was CIBC World Market, an estimated $664K added.
- The largest Sprott Gold Miners ETF seller in Q3 2016 was Sloane Robinson, an estimated $7.99M sold.
Based on aggregated 13F filings for Q3 2016.